HomeEuropean NewsLithuanians embrace overseas buyers, highlighting regional development advantages

Lithuanians embrace overseas buyers, highlighting regional development advantages



Lithuanians embrace overseas buyers, highlighting regional development advantages

BAKU, Azerbaijan, September 19. More than 70
% of Lithuanians view overseas funding within the nation’s
areas positively, most frequently associating it with new high quality
jobs, rising actual property values, and improved infrastructure, the
survey carried out in August by Spinter Research on behalf of the
Ministry of Economy and Innovation stated, Trend experiences.

The survey exhibits that the highest associations with “a overseas
investor within the area” embody the creation of latest jobs (71
%), extra income for the municipality (49 %), and
improved infrastructure (25 %).

Respondents additionally linked funding to larger native safety (34
%), fewer younger individuals leaving the areas (33 %), and
a rise in native companies and companies (35 %).

“People’s expectations are clear – they need extra well-paid jobs
of their areas, they need their youngsters to have the ability to work in
their hometowns and construct their future right here in Lithuania. Thanks to
the brand new Investment Highway, beginning this November, we will probably be ready
to make sure a sooner, extra clear, and clearer course of for
buyers. This will permit overseas capital to create worth in
Lithuania extra shortly, whereas delivering direct advantages to our
individuals,” stated Acting Minister of Economy and Innovation Lukas
Savickas.

The survey additionally highlighted variations throughout social teams.
Respondents with larger schooling tended to emphasise
infrastructure enhancements and diminished youth emigration, whereas
these with secondary schooling centered primarily on job creation.
Older respondents positioned the best significance on guaranteeing their
youngsters or grandchildren might work regionally, whereas youthful individuals
confused working situations and employment alternatives. Notably,
20 % related new investments with a possible rise in
property values.

Balancing Hopes and Concerns




At the identical time, residents expressed a number of issues. The most important
fears associated to new funding within the areas included attainable
air pollution (43 %), elevated site visitors (35 %), and better
noise ranges (32 %). Every fifth respondent additionally frightened that
buyers would rent primarily outsiders slightly than native
employees.

People stated they anticipate extra transparency when a brand new funding
is deliberate, notably relating to environmental impacts (29
%), the character of the corporate’s actions (25 %), and
employment alternatives (12 %).

“We see that funding alone isn’t sufficient – it’s essential to
discuss with individuals, to hearken to their issues, and to reply the
questions that matter to them. The ministry has ready a plan for
how these discussions will probably be organized and the way communities will probably be
concerned in decision-making. We can solely want continuity on this
work,” Savickas added.

To additional improve readability, the Ministry of Economy and
Innovation, along with the State Enterprise Center of Registers
and Invest Lithuania, has ready a brand new interactive map of
state-reserved land plots for funding. The map will probably be
repeatedly up to date, permitting residents to see the place new
manufacturing services is perhaps situated and to take part in
discussions about the way forward for their areas.

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